Kothari Industrial Corporation Ltd — Important, 25-08-2026: Company Update

Kothari Industrial Corporation has secured two Letters of Acceptance (LOAs) from Tamil Nadu Municipalities to provide food services for the Perunthalaivar Kamarajar Morning Breakfast Scheme to schoolchildren. The aggregate value of these three-year contracts is ₹5.84 Cr, comprising ₹0.71 Cr from Thirunindravur Municipality and ₹5.13 Cr from Aruppukottai Municipality. This marks a significant operational update, expanding the company's footprint in food catering services. The formal work orders will be issued after fulfilling security deposit and agreement execution requirements, enhancing the company's revenue visibility and diversifying its business operations.